Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
NOC · NYSE · Industrial
Fundamental quality
69
out of 100
Northrop Grumman Corp is a mature, stable business: it earns money solidly (net margin 10.5%) but grows slowly (2.8% a year). On fundamental quality it scores 69 out of 100, profiling it as a company of reasonable quality. Its weakest area is its growth (revenue +2.8%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Northrop Grumman is the defense contractor of the most advanced stuff: the B-21 stealth bomber, Sentinel intercontinental missiles, satellites and missile defense. Huge, multi-year programs nearly impossible to replicate.
EPS growth: 9.6% · Revenue growth: 2.8%
Net margin: 10.5% · ROE: 25.1% · ROIC: 12.6%
Net debt/EBITDA: 2.19x · FCF: 8.5%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +4 for dividend strength: 18 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 36,799 | 3,189 | 2,885 | 10,096 |
| 2021 | 35,667 | 7,005 | 2,152 | 9,253 |
| 2022 | 36,602 | 4,896 | 1,466 | 10,300 |
| 2023 | 39,290 | 2,056 | 2,100 | 10,747 |
| 2024 | 41,033 | 4,174 | 2,621 | 11,921 |
| 2025 | 41,954 | 4,182 | 3,307 | 11,293 |
Between 2020 and 2025, revenue went from $36,799M to $41,954M (+14%) and net income went from $3,189M to $4,182M (+31%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$8.99
per share, yearly
30.9% of earnings
Payout
at least 18 straight years raising it
Growth
That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is Northrop Grumman Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Northrop Grumman Corp a good company to invest in?
In terms of business quality, Northrop Grumman Corp scores 69 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Northrop Grumman Corp a profitable company?
Yes. Northrop Grumman Corp shows a net margin of 10.5% and an ROE of 25.1%, a sign of a profitable business.
Does Northrop Grumman Corp have a lot of debt?
A moderate level: its net debt is 2.19 times its EBITDA.
Is Northrop Grumman Corp growing?
Its revenue has grown 2.8% annualized in recent years and its earnings per share 9.6%.
Does Northrop Grumman Corp generate cash?
Yes. It converts about 8.5% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Industrial companies
Textron (TXT) · Expedia Group (EXPE) · Agco (AGCO) · Amentum Holdings (AMTM) · Alaska Air Group (ALK) · Gxo Logistics (GXO) · see more →
The best Industrial stocks by our model →
Compare Northrop Grumman Corp with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see Northrop Grumman Corp's filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.